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Pro Plan Feature

Consolidated Financials That Meet Any Standard

Report under IFRS, US GAAP, UK GAAP, SFRS, or Local GAAP — with automatic Currency Translation Adjustment for foreign subsidiaries. Audit-ready output, every period.

Report Under Any Major Accounting Standard

Tag each entity to the correct accounting standard once. BrizoSystem applies it consistently across every consolidation, every report, every period — no re-keying, no manual adjustments.

IFRS

International Financial Reporting Standards — the global benchmark for listed companies and cross-border groups. Full support for IFRS 10 consolidated financial statements, including segment disclosures and foreign currency translation.

US GAAP

Generally Accepted Accounting Principles as established by FASB. Required for US-incorporated entities, US investor reporting, and SEC filings. BrizoSystem applies US GAAP consolidation rules to the correct entities in your group.

UK GAAP / FRS 102

UK Financial Reporting Standard 102 — used by UK-incorporated subsidiaries and groups reporting to UK stakeholders. Tag UK entities to FRS 102 and consolidate alongside IFRS or US GAAP entities in the same group.

SFRS

Singapore Financial Reporting Standards, closely aligned with IFRS and required for Singapore-incorporated entities and SGX-listed companies. BrizoSystem fully supports SFRS tagging within a multi-standard group.

Local GAAP

Flexible configuration for any jurisdiction's local accounting standard — Malaysia, Australia, Hong Kong, and beyond. Apply your region's specific rules without changing your consolidation workflow or adding manual steps.

Tag Once. Applied Every Period.

Set each entity's accounting standard once in your group hierarchy. BrizoSystem applies it automatically across every consolidation run — journal entries flow into reports with the correct treatment, every time.

Mixed-standard groups are fully supported. Run IFRS for your Singapore HoldCo, US GAAP for your US subsidiary, and FRS 102 for your UK entity — all consolidated into one group report, correctly.

  • Set each entity's standard once in your group configuration
  • Journal entries processed with the correct accounting treatment automatically
  • Mixed-standard groups fully supported in a single consolidation
  • Audit-ready output — each entry tagged to its standard for full traceability
Group Entity Standards Configuration
Entity Jurisdiction Standard
SG HoldCo Singapore SFRS
AU Subsidiary Australia IFRS
US Subsidiary United States US GAAP
UK Subsidiary United Kingdom FRS 102
✓ Mixed-standard group consolidated into one unified report

CTA — Calculated Automatically

When a subsidiary's functional currency differs from the group's presentation currency, a Currency Translation Adjustment (CTA) arises. BrizoSystem calculates CTA automatically during consolidation — configure your CTA reserve account, set equity historical rates and retained earnings rates once, and the system posts CTA journals at each fiscal year-end.

No manual journals. No spreadsheet formulas. No risk of errors carrying forward. A built-in Reconcile / Verify view confirms all CTA journals are balanced (Diff = 0.00).

  • Configure your CTA reserve account once in group settings
  • Set equity historical rates and retained earnings rates per entity
  • CTA journals posted automatically at each fiscal year-end
  • Reconcile / Verify view confirms Diff = 0.00 before sign-off
CTA Setup — Subsidiary Entities
Entity Functional Group CTA
SG HoldCoSGDSGD N/A
AU SubAUDSGD Enabled
US SubUSDSGD Enabled
UK SubGBPSGD Enabled
✓ CTA journals posted automatically at fiscal year-end
Built for Groups That Can't Afford to Get It Wrong

Standards compliance and accurate CTA aren't optional for audited, investor-backed, or cross-border groups. BrizoSystem makes them automatic.

Audit-Ready Output

Every consolidated statement is produced with the correct standard applied and full journal traceability. Hand it to your auditors with confidence — no last-minute spreadsheet fixes.

Investor & Lender Confidence

Boards, banks, and investors expect IFRS or GAAP-compliant statements. BrizoSystem delivers them automatically — so your group looks credible and prepared from day one.

Period-End Consistency

CTA and standards are applied the same way every month, every year. No manual recalculations, no version control issues, no risk of a different result from a different team member.

The Pro Plan
$35 / entity / month

Accounting Standards & CTA are included in every Pro subscription. No add-ons, no extra setup fees. Start your free trial and connect your entities today.

IFRS, US GAAP, UK GAAP, SFRS & Local GAAP
Automatic Currency Translation Adjustment (CTA)
Multi-currency consolidation
Basic budgeting & forecasting
Everything in Standard, plus all Pro features
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Start with the Pro plan — multi-currency, CTA, and full accounting standards support included.

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